CARD vs. SHOC ETF Comparison
Comparison of Bank Of Montreal MAX Auto Industry -3x Inverse Leveraged ETN (CARD) to Strive U.S. Semiconductor ETF (SHOC)
CARD
Bank Of Montreal MAX Auto Industry -3x Inverse Leveraged ETN
CARD Description
CARD makes a big and bearish one-day bet against the US auto industry. The fund provides 3x daily inverse exposure to a modified liquidity-weighted index that includes firms engaged in automobile manufacturing, automobile parts and retail, and car dealing. The index defines the industries based on the North American Industry Classification System (NAICS) and selects US-listed equities, excluding ETPs. The fund gains its international exposure through the use of ADRs, but will specifically exclude issuers organized in Canada or China. As a geared product, CARD is designed as a short-term trading tool and not a long-term investment vehicle. Long-term returns could materially differ from those of the index due to daily compounding. Since the fund uses an ETN structure, investors assume the credit risk of the issuer.
Grade (RS Rating)
Last Trade
$7.21
Average Daily Volume
2,286
20
SHOC
Strive U.S. Semiconductor ETF
SHOC Description
Strive U.S. Semiconductor ETF is an exchange traded fund launched and managed by Empowered Funds, LLC. The fund is co-managed by Strive Asset Management, LLC. It invests in public equity markets of the United States. It invests in stocks of companies operating across information technology, semiconductors and semiconductor equipment sectors. It invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track the performance of the Solactive United States Semiconductors 30 Capped Index, by using full replication technique. Strive U.S. Semiconductor ETF is domiciled in the United States.Grade (RS Rating)
Last Trade
$45.89
Average Daily Volume
25,146
28
Performance
| Period | CARD | SHOC |
|---|---|---|
| 30 Days | -33.65% | 0.01% |
| 60 Days | -27.31% | 1.29% |
| 90 Days | -24.37% | -4.32% |
| 12 Months | -73.66% | 31.25% |
0 Overlapping Holdings
| Symbol | Grade | Weight in CARD | Weight in SHOC | Overlap |
|---|
CARD Overweight 20 Positions Relative to SHOC
CARD Underweight 28 Positions Relative to SHOC
| Symbol | Grade | Weight | |
|---|---|---|---|
| NVDA | C | -26.39% | |
| ASML | F | -9.11% | |
| AMD | F | -7.83% | |
| AVGO | D | -4.81% | |
| TXN | C | -4.81% | |
| MU | D | -4.33% | |
| ADI | D | -4.25% | |
| INTC | D | -3.99% | |
| AMAT | F | -3.93% | |
| LRCX | F | -3.78% | |
| KLAC | D | -3.42% | |
| CDNS | B | -3.29% | |
| SNPS | B | -3.29% | |
| MRVL | B | -3.14% | |
| QCOM | F | -2.51% | |
| MCHP | D | -1.41% | |
| ON | D | -1.16% | |
| MPWR | F | -1.14% | |
| KEYS | A | -1.08% | |
| TER | D | -0.7% | |
| STM | F | -0.66% | |
| ARM | D | -0.66% | |
| ENTG | D | -0.61% | |
| DD | D | -0.42% | |
| MKSI | C | -0.3% | |
| LSCC | D | -0.28% | |
| RMBS | C | -0.23% | |
| ST | F | -0.19% |
CARD: Top Represented Industries & Keywords
SHOC: Top Represented Industries & Keywords
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